Nellco Law Library Consortium Inc

Analysis

Nellco Law Library Consortium Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in October 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nellco Law Library Consortium Inc reported income of $4.6m and spending of $4.6m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.3m to $4.6m (+8.9%), an average of +2.1% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nellco Law Library Consortium Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Make a Wish Foundation of Greater Los Angeles ($4.6m), Eden Rehabilitation Suites and Green House Homes Inc ($4.6m) and Newton Community Service Centers Inc ($4.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $188k (4.1% of expenses). Other salaries and wages came to $104k. At year end it held assets of $2.2m against liabilities of $340k, net assets of $1.9m. It reported 3 employees.